VSYS Soft Staking on KuCoin

Published in

V Systems

4 min readAug 28, 2019

VSYS Soft Staking Program

As you all know, cold minting is one of the special features of the V SYSTEMS network, which allows all VSYS coin holders to participate in supernode minting and get coin rewards in a safe and simple manner.

To further expand the VSYS staking community and provide a user-friendly alternative to our users, V SYSTEMS has recently partnered with KuCoin to launch the VSYS Soft Staking Program. Through this program, KuCoin will make use of its individual users’ VSYS assets on behalf of them for VSYS mainnet staking. The service will be used to help users gain the maximum benefit from VSYS on the exchange platform, without affecting the trading of VSYS or other digital assets.

What’s KuCoin Soft Staking?

KuCoin’s new Soft Staking program turns the idea of staking on its head. One of the defining aspects of traditional staking is the idea of the investment being locked. KuCoin’s Soft Staking allows users access to their coins at any time, creating a way to use your tokens to earn while still being able to adapt to fluctuations in the market. With no minimum staking period, users have the opportunity to receive rewards while maintaining freedom and independence. The program is currently collaborating with 12 projects that support PoS and is now benefiting over 300k users.

How to Participate in VSYS Soft Staking?

To participate, hold any of the Soft Staking tokens that are supported by KuCoin. You will receive passive profit from staking while still maintaining full control of your tokens.

1. If you are currently holding VSYS and have not yet deposited to KuCoin: Please access KuCoin, enter the “Assets” page, and click the “Deposit” button. There, select VSYS to obtain the corresponding address and proceed to deposit. The Soft Staking will begin once the deposit has arrived in your account.

2. If you don’t have VSYS and want to buy it on KuCoin: Please access KuCoin, click on the “Exchange” button at the top of the page, and find the corresponding trading pair. Open a trading order and buy a certain amount of VSYS. The Soft Staking will begin once the open order is matched.

How to Check Soft Staking Returns?

Click the Soft Staking page as shown below or direct access with this link
https://www.kucoin.com/news/en-soft-staking-cash-back-investment-program. Here, you can find the annualized rate of return for all staking tokens that are currently listed. This will be updated on a daily basis.

2. In “My Bonus” -“Other Rewards”, the daily distributed staking bonus is available for you to check.

Stake. Mint. Earn.

The Soft Staking Program provides a user-friendly and convenient measure for users to benefit from VSYS staking. Powered by the pioneering SPoS consensus, VSYS is known as the TOP 5 staking coins on Staked.us and one of the best-performing IEOs in 2019. We believe more people will join our VSYS community and enjoy the coin rewards through staking. Read here for more details on the Kucoin VSYS Soft Staking Program

Stay Connected

Follow us on Twitter, Medium, and YouTube to stay up-to-date with our latest announcements. Join our official VSYS Telegram group, Reddit, and bitcointalk to participate in discussions with the VSYS team and our community. If you are a developer, you can also connect with our developers around the world in the VSYS GitHub Community.